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Business

Algeria: Government to apply for Chinese loans

October 19, 2015 Khalid Al Mouahidi 0

Algiers will lean toward China in order to get necessary funds needed to put government’s key projects into action, Algerian Minister of Commerce said on […]

Tunisia: Tunisair launched promotional operation

October 15, 2015 Khalid Al Mouahidi 0

Tunisair will launch next month ‘Gateway in Tunisia’ operation to boost sales and attract larger numbers of French travelers to discover Tunisia, Tunisair-France office manager […]

Zimbabwe: Gov’t asks big mines to cut down power by 25%

October 8, 2015 Geraldine Boechat 0

Zimbabwe’s government has asked Impala Platinum Holdings Ltd., Anglo American Platinum Ltd. and other mining companies to reduce power usage by 25 percent amid a […]

South Africa seeks $15 bln by 2022 for new energy production

October 5, 2015 Steven Addamah 0

South Africa’s ageing electricity transmission grid needs investment of $15 billion by 2022 to develop new energy production, an executive at German state development bank […]

Côte d’Ivoire: GDP to grow by 8.4 % in next two years

September 26, 2015 Geraldine Boechat 0

The International Monetary Fund projected on Friday that the economy of Côte d’Ivoire will grow by 8.4 percent while inflation is expected to remain moderate […]

DRC: Ireland court releases state-owned plane grounded in debt row

September 26, 2015 Steven Addamah 0

An airplane belonging to Democratic Republic of Congo’s new national carrier was released by an Irish court earlier this week after it was grounded over […]

Angola: Top African beverage can producer targets 100% market share

September 22, 2015 Geraldine Boechat 0

The Johannesburg-based Nampak Ltd., Africa’s largest maker of beverage cans, said it’s considering an expansion to a drinks container plant in Angola as part of […]

Ethiopia inaugurates first modern light rail line in sub-Saharan Africa

September 21, 2015 Khalid Al Mouahidi 0

The first modern light rail line in Sub-Saharan Africa constructed by the China Railway Group (CREC) was inaugurated on September 20 in Ethiopia, when passenger […]

Senegal launches plan work to decongest capital city

September 16, 2015 Khalid Al Mouahidi 0

The government of Senegal is laying the groundwork for a new city close to Diamniadio town. This plan was established to decongest the country’s capital […]

Cote d’Ivoire-Burkina rail link: Bolloré Africa Logistics injects €30 Mln

September 12, 2015 Geraldine Boechat 0

The French company Bolloré Africa Logistics said it had invested €30 million to buy new trains for the freight and passenger line it operates between […]

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News

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